Shivalik Rasayan Limited has submitted a regulatory filing to the National Stock Exchange of India Ltd and BSE Limited regarding an upcoming Board meeting.
Board Meeting Details
- Meeting Date: Thursday, July 23, 2026
- Primary Agenda: To consider and approve proposals for fundraising through issuance of instruments
Fundraising Instruments Under Consideration
The Board will consider issuance of one or more instruments including:
- Equity shares
- Convertible securities
Potential Fundraising Methods
The company may utilize any of the following methods or combinations:
- Preferential Issue
- Rights Issue
- Qualified Institutions Placement (QIP)
- Any other mode as deemed appropriate
Additional Considerations
The Board will also determine:
- Pricing methodology for the instruments
- Other modalities related to the fundraising
Trading Window Closure
- The trading window for dealing in company securities remains closed since June 24, 2026
- Closure reason: Pending declaration of unaudited financial results for quarter ending June 30, 2026 (Q1 FY2027)
- The trading window will remain closed until 48 hours after the conclusion of the Board meeting on July 23, 2026
Financial Impact
Financial impact not quantified in the disclosure. The specific amount, dilution impact, and use of proceeds will be determined by the Board.